Profile: Harmony Gold Mining Company Ltd (HMY)
23 Jan 2017
Harmony Gold Mining Company Limited, incorporated on August 25, 1950, through its subsidiaries, is engaged in gold mining and related activities, including exploration, extraction and processing. The Company's segments include South Africa Underground, Surface, and International. The South Africa Underground segment includes Kusasalethu, Doornkop, Phakisa, Tshepong, Masimong, Target 1, Bambanani, Joel, Unisel and Target 3. The Surface segment comprises the Company's other surface operations. The Company's International segment comprises Hidden Valley Project. The Company has operations in South Africa and Papua New Guinea (PNG). The Company's principal product is the Gold bullion. The Company's exploration projects include Golpu project and Kili Teke prospect. The Company has approximately nine underground mines, one open pit operation and several surface sources in South Africa. The Company's subsidiaries include Lydenburg Exploration Limited, Tswelopele Beneficiation Operation (TBO) and Harmony Copper Limited.
The Company has interests in Morobe Mining Joint Ventures, which includes Hidden Valley, an open-pit gold and silver mine, the Golpu project, and exploration tenements. The Golpu porphyry is situated approximately 65 kilometers from Lae, in Papua New Guinea. Golpu has a Joint Ore Reserves Committee (JORC) compliant mineral resource of approximately 820 megawatt at 1.05% copper, 0.70 gram per ton (g/t) gold, 1.25g/t silver and 90 parts per million molybdenum.
Harmony Gold Mining Company Ltd
Randfontein Office Park
Car Main Reef Road And Ward Aven
Company Web Links
- Papua New Guinea seeks higher tax take for ExxonMobil gas expansion
- BRIEF-Harmony Gold completes acquisition of Hidden Valley mine
- BRIEF-Harmony Gold acquires full ownership of Hidden Valley mine in Papua New Guinea
- BRIEF-White Rivers Exploration to seek London, Johannesburg listings in 2017
- BRIEF-Harmony Gold applies for special mining lease for Papua New Guinea project